Johnson & Johnson (JNJ) Revenue — Quarter Ended Jan 1, 2023
Johnson & Johnson's revenue increased sharply in the quarter, driven by a strong rebound from the prior period. The company also posted significant growth compared to the same quarter last year.
Key takeaway
Quarter ended Jan 1, 2023 · FY2023 FY
Johnson & Johnson's revenue increased sharply in the quarter, driven by a strong rebound from the prior period. The company also posted significant growth compared to the same quarter last year.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$19.9B
Revenue reported for this quarter.
Quarter-over-quarter
+58.2%
Change from the immediately preceding quarter.
Year-over-year
+104.1%
Change from the comparable year-ago quarter.
Trailing four quarters
$80B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Apr 3, 2022 | $19.8B | -11.1% |
| Jul 3, 2022 | $27.6B | +18.4% |
| Oct 2, 2022 | $12.6B | -46.0% |
| Jan 1, 2023 | $19.9B | +104.1% |
Revenue performance
The reported revenue reflects a robust quarter, with the company benefiting from improved performance across its segments.
Quarterly comparison
Sequentially, revenue recovered sharply from the preceding quarter, and on a year-over-year basis, it posted substantial growth.
What to watch
Monitor whether the revenue growth can be sustained in the coming quarters.